HOUSTON, Nov. 23, 2016 /CNW/ -- Ultra Petroleum Corp. (OTC: UPLMQ) announces that the Plan Support Agreement dated November 21, 2016 (the "PSA") and the Backstop Commitment Agreement dated November 21, 2016 (the "Backstop Agreement") have obtained support by holders of more than 66.67% in principal amount of its outstanding 5.750% Senior Notes due 2018 and 6.125% Senior Notes due 2024. Yesterday, the company announced [...]
HOUSTON, Nov. 22, 2016 /CNW/ -- Ultra Petroleum Corp. (OTC: UPLMQ) ("UPL") announced today that it has entered into a Plan Support Agreement dated November 21, 2016 (the "PSA") and a Backstop Commitment Agreement dated November 21, 2016 (the "Backstop Agreement") with (i) holders of a substantial majority of the principal amount of its outstanding 5.750% Senior Notes due 2018 and 6.125% Senior Notes due 2024 and (ii [...]
HOUSTON, Oct. 27, 2016 /CNW/ -- Ultra Petroleum Corp. (OTC: UPLMQ) continued to deliver strong financial and operating performance for the third quarter of 2016. Highlights include: Reduced lease operating expense to $0.29 per Mcfe, a 24% reduction from 2015, Increased cash balance to $343.5 million at September 30, 2016, Produced volumes of 69.3 Bcfe of natural gas and oil, and Generated operating cash flow(1) of $129.0 [...]
HOUSTON, Oct. 27, 2016 /PRNewswire/ -- Ultra Petroleum Corp. (OTC: UPLMQ) announces the following Webcast to discuss its third quarter 2016 financial and operating results: What: Ultra Petroleum Corp. Third Quarter 2016 Results Webcast When: October 27, 2016 at 11:00 a.m. Eastern Daylight Time Where: http://www.ultrapetroleum.com ...
HOUSTON, Oct. 14, 2016 /CNW/ -- Ultra Petroleum Corp. (OTC: UPLMQ) announces the following Webcast to discuss its third quarter 2016 financial and operating results: What: Ultra Petroleum Corp. Third Quarter 2016 Results Webcast When: October 27, 2016 at 11:00 a.m. Eastern Daylight Time Where: http://www.ultrapetroleum.com ...
HOUSTON, Aug. 11, 2016 /CNW/ -- Ultra Petroleum Corp. (OTC: UPLMQ) reported financial and operating results for the second quarter of 2016. Highlights include: Produced volumes of 70.8 Bcfe of natural gas and crude oil, Continued reductions in operated Pinedale well costs to $2.6 million, Reduced cycle times by 15% compared to 2015, Reduced lease operating expense to $0.31 per Mcfe, a 21% reduction from 2015, Increased [...]
HOUSTON, Aug. 11, 2016 /PRNewswire/ -- Ultra Petroleum Corp. (OTC: UPLMQ) announces the following Webcast to discuss its second quarter 2016 financial and operating results: What: Ultra Petroleum Corp. Second Quarter 2016 Results Webcast When: August 11, 2016 at 11:30 a.m. Eastern Daylight Time ...
HOUSTON, Aug. 5, 2016 /CNW/ -- Ultra Petroleum Corp. (OTC: UPLMQ) announces the following Webcast to discuss its second quarter 2016 financial and operating results: What: Ultra Petroleum Corp. Second Quarter 2016 Results Webcast When: August 11, 2016 at 11:30 a.m. Eastern Daylight Time ...
HOUSTON, March 18, 2016 /CNW/ -- Ultra Petroleum Corp. (NYSE: UPL) (the "Company") announced today that on March 15, 2016, it received notice from the New York Stock Exchange ("NYSE") that it was not in compliance with the NYSE's requirement that the average closing price of its common stock be at least $1.00 per share over a consecutive 30-trading-day period. Under NYSE rules, the Company has six months from receipt of [...]
HOUSTON, March 2, 2016 /CNW/ -- Ultra Petroleum Corp. (NYSE: UPL) (the "Company") today announced that on March 1, 2016, its wholly-owned subsidiary, Ultra Resources, Inc. ("Ultra Resources") entered into waiver and amendment agreements with all of the Ultra Resources lenders, including each of the lenders participating in Ultra Resources' unsecured revolving credit facility and each of the investors holding unsecured [...]
ULTRA PETROLEUM REPORTS YEAR-END 2015 RESERVES BOARD OF DIRECTORS APPROVE 2016 CAPITAL INVESTMENT PROGRAM Company Provides 2016 Financial and Operational Guidance HOUSTON, Feb. 18, 2016 /PRNewswire/ -- Ultra Petroleum Corp. (NYSE: UPL) reported fourth quarter and full-year 2015 operating and financial results. Highlights include: Produced 290.1 Bcfe of natural gas and crude oil, a 17 percent year-over-year increase [...]